Europeans Urge New
U.S. Stock-Delisting Rules

By

David Reilly Staff Reporter of THE WALL STREET JOURNAL

Updated March 22, 2005 12:01 a.m. ET

LONDON -- Continuing a push to find ways for European companies to break free from U.S. regulatory requirements if they delist their shares from U.S. stock markets, a group of several European business organizations submitted to the U.S. Securities and Exchange Commission detailed proposals suggesting how the agency could change its rules.

The proposals, contained in a letter sent Friday to SEC Chairman William Donaldson, come as many European companies look to escape U.S. reporting requirements because of what they...